#Ripple筹划设立10亿美元XRP资金池 $ZBT this wave looks more like a downward correction after the main force offloaded, not a bottom formation.
The 4-hour chart is very clear—during the rally, trading volume simply couldn't keep up, and the price was tightly pinned by the moving averages. Each rebound's strength is diminishing, a typical sign of weakness.
Is it worth chasing long at this price level? Honestly, the risk-reward ratio is average, and it's easier to get trapped. My approach is to follow the trend; consider shorting on rebounds.
The range from 0.123 to 0.128 can be used to gradually build short positions, with 0.135 as a defensive line above. If it breaks downward, first watch the support at 0.105. If it really breaks through, 0.097 and 0.088 are not out of reach.
As the market reaches this stage, more and more people are seeing the signs. Chasing high can easily lead to losses. At this stage, it's important to follow the structure and not fight the market.
For the bulls to turn the situation around, they must absorb all the selling above, but it's not quite ripe yet.
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GasGasGasBro
· 9h ago
I'm tired of the same old story about the main players dumping. It's always the same tune, and yet? People still buy the dip and make a killing.
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CommunityJanitor
· 9h ago
Don't chase when the main force is unloading; this rhythm looks fake.
Gradually short between 0.123-0.128, and sell above 0.135.
Follow the structure, don't argue with the market.
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BearMarketBuilder
· 9h ago
This analysis is spot on. When trading volume can't keep up, it's a signal. I also think this downward trend isn't over yet.
The main force is really clever, attracting retail investors to buy at high levels, then they already ran away.
Breaking 0.123 is the real opportunity; acting now is just giving away money.
The financing news on XRP also seems to have little impact on the market; everyone is doing their own thing.
Wait until it breaks 0.105 to talk about it; for now, we still need to stay on the sidelines.
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PhantomMiner
· 9h ago
The main force's distribution method is really superb; retail investors are still dreaming.
Damn, I'm going to be trapped again. This time I really have to hold back and not chase.
I'm also watching the 0.123 level, but I always feel it needs to drop another wave before I can feel at ease.
When the volume doesn't match, it's a signal. Those who see through this have already made money.
To be honest, the Ripple news can't stimulate the market anymore; the market has already decided the direction.
Breaking 0.105 is really possible. Let's wait and buy the dip then.
I've learned the trick of rebounding and shorting; it's definitely better than chasing highs.
#Ripple筹划设立10亿美元XRP资金池 $ZBT this wave looks more like a downward correction after the main force offloaded, not a bottom formation.
The 4-hour chart is very clear—during the rally, trading volume simply couldn't keep up, and the price was tightly pinned by the moving averages. Each rebound's strength is diminishing, a typical sign of weakness.
Is it worth chasing long at this price level? Honestly, the risk-reward ratio is average, and it's easier to get trapped. My approach is to follow the trend; consider shorting on rebounds.
The range from 0.123 to 0.128 can be used to gradually build short positions, with 0.135 as a defensive line above. If it breaks downward, first watch the support at 0.105. If it really breaks through, 0.097 and 0.088 are not out of reach.
As the market reaches this stage, more and more people are seeing the signs. Chasing high can easily lead to losses. At this stage, it's important to follow the structure and not fight the market.
For the bulls to turn the situation around, they must absorb all the selling above, but it's not quite ripe yet.
Continue to watch $BEAT $pippin's movements.